Acme published a story about Paul, and as a result Paul sued Acme for damage to his reputation, emotional distress, and punitive damages. Paul won an award of $$20,000$ for damages, $$5,500$ for emotional distress, and $$50,000$ for punitive damages. What amount must Paul include in his gross income?

Multiple Choice

$$5,500$

$$20,000$

$$50,000$

$$70,000$

All of these benefits are included in gross income.